Juniors and Seniors with an expected graduation of December 2015 or May/June 2016 are encouraged to apply. Wells Fargo’s Community Lending and Investment Group offers a multi-stage program suited to individuals that possess strong interpersonal, communication, and analytical abilities. The program incorporates both formal and on-the-job training to help you develop the skills required to successfully build and manage client relationships. Overview The Financial Analyst Program is a three-year program that incorporates extensive training and coaching to help you build your analytical skills, master credit underwriting, and prepare you for your next career move. At Wells Fargo, we’ve built the strongest commercial real estate finance platform and relationship management team in the industry. Our team members handle transactions of different sizes, financing various asset types and classes in locations nationwide. We have a long-standing commitment to the commercial real estate sector, offering service and solutions through even the most difficult economic cycles. Maintaining lasting relationships with our commercial real estate clients, including real estate owners, developers, investors, and real estate investment trusts (REITs), through all stages of their growth and development has allowed us to assemble an unprecedented set of financial solutions. Community Lending and Investment Community Lending and Investment provides debt and equity capital for economic development, job creation, and affordable housing to our communities nationwide. SUPPORT FOR YOUR SUCCESS We focus on your training and development so you’ll be prepared to take your next career step once you complete the program. You’ll get: - On-the-job experience: Working as part of a high-performing team in your business group is how you will gain in-depth experience as a financial analyst. You will begin to build your analytical skills and understanding of credit by actively participating in your team s day-to-day activities. - Credit fundamentals: Training in your first year begins with a one-week credit underwriting immersion class at Wholesale University in San Francisco. Each subsequent year, you will reconvene with your fellow program participants for another week of training to advance your credit underwriting proficiency. - Specialized training: Your line of business will offer specialized training to foster a deeper understanding of your business and, you’ll become familiar with financial, technical, and operational tools and processes to help you improve your credit underwriting/problem-solving skills. - Ongoing learning: Throughout the year, you will complete a series of online credit courses and have opportunities to participate in a quarterly speaker series hosted by senior managers. YOUR NEXT STEP Financial analysts who successfully complete the three-year program are on their way to a long-term career. The program is ideal for preparing you for the following paths: - Credit analyst: Evaluate clients and their businesses to determine the best financing structure for both the client and Wells Fargo. - Relationship manager: Manage client relationships by working with a company’s business principals to understand their short and long-term needs and to structure the financing and banking products that help them achieve their goals. - Portfolio manager: Oversee the loan portfolio for an office or line of business. - Credit Management Training Program (CMTP): A select number of high-performing graduates from the Financial Analyst Program are nominated for this intensive credit training program. CMTP is a four month classroom-based program that builds on the fundamental credit training you receive in the Financial Analyst Program. Using case studies and real-life scenarios, CMTP covers the ways that our lending groups approach credit underwriting and risk management.
You will become an integral part of your office’s team and have the opportunity to assume a significant amount of responsibility that may include: Preparing borrower/guarantor financial reviews as well as underwriting memorandums focused on a borrower’s and guarantor’s adjusted net worth, leverage, liquidity, and other key risk factors, including cash flows and ability to service debt Researching specific real estate markets and assessing market data and trends affecting demand generators, risk presented by new supply, and comparable properties Assembling complex financial models that project the potential financial performance of an asset as well as underwriting risks associated with market demand, supply, net effective rents, expenses, capitalization rates, and tenant quality Identifying credit issues early in the underwriting process and recommending ways to reduce exposure Partnering with relationship managers to structure multi-million dollar transactions Reviewing and assisting in the development of loan agreements and ancillary documents related to the closing of a transaction Participating in property tours and site visits to develop a deeper understanding of the viability of the real estate and the related transaction
There is a 2-step application process that must completed in order to be considered for the position. Email your resume to firstname.lastname@example.org by Sunday, October 4th at 11:59pm Then you must also apply online at the Wells Fargo website on one day only, Tuesday, October 6th. - On Tuesday, October 6th, visit www.wellsfargo.com/careers - Click on “Search jobs” - Search Job ID 5119063 - Select “Apply” - Log-in or select “Register Now” to create an account - Complete your application and submit Note: To be considered, you must apply to both email@example.com by October 4th, and to the Wells Fargo website on October 6th.